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Following rumors of a shutdown in November, Alibaba-backed Xiami Music (虾米音乐) released a statement on Jan. 5 announcing plans to close in February due to a business reshuffling.
Tesla has confirmed plans to build a new production facility near its current factory in Shanghai's Lingang New Area, in order to expand production capacity.
Chinese electric vehicle maker BYD on Tuesday disclosed recent progress on its new energy power battery production base in Shaoxing, Zhejiang Province.
On May 17th, Zhang Jingjing, the Chief Financial Officer of Miniso, a Chinese retailer of household consumer goods, stated in an interview that the US market will be a key focus for future expansion.
Netease Digital Sail releases conversational BI products, attempting to seize the opportunity of vertical large-scale models.
Shibuya, a Web3 video platform, received seed round funding of $6.9 million on December 8, led by a16z crypto and Variant, which was also the first Web3 startup to publicly accept investment from Joseph Tsai, co-founder and executive vice chairman of Alibaba.
On Tuesday EST, Peter Rawlinson, CEO of Lucid Motors, an American electric vehicle company, said that the company is planning to build factories in the Middle East and China sometime around 2025.
XPeng Motors‘ XPeng P7+, positioned as the world's first AI car, made its debut at the 2024 APSARA Conference hosted by the Alibaba.
After operating a car-hailing service in Nanjing for 10 months, Meituan expanded its service to include Beijing, Shanghai, Chengdu, Hangzhou, Wenzhou, Fuzhou an...
Chairman and CEO of Tencent Pony Ma said at the 2018 Guardian Plan Conference that China's criminal gangs lead the world, and AI technology has accelerated thei...
Pinduoduo reported second-quarter revenue that missed analyst estimates as the e-commerce company added the fewest number of new buyers since 2019.
ByteDance officially denies a 60% increase in profits in 2023: 'Media reports about ByteDance's profit growth and data rumors are not true.'